RFE 0.00% 0.0¢ series 2018-1 reds trust

WB its trading at 42c (correction 41.5c) because the gas price...

  1. 61 Posts.
    WB its trading at 42c (correction 41.5c) because the gas price is $3.78 and DP needs to tell the market what RFE are going to do if gas stays at $3.78

    DP needs to spell it out.
    "If gas price stays low we will build the reserve and sell the asset".

    Hopefully they will articulate their plan to ALL investors and potential investors before too long.

    But as I say, keep an eye on the volume. When volume and price go up and we break 50c again. Then its game on.
 
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